Common use of Principal Repayments Clause in Contracts

Principal Repayments. In each Transaction, the Lender shall require that the Borrower shall repay all amounts disbursed under the Credit: (a) in the number of successive semi-annual installments indicated on the relevant Ex-Im Bank Approval; (b) in approximately equal amounts unless otherwise provided in the relevant Ex-Im Bank Approval, provided that on the last Payment Date, the Lender shall require that the Borrower repay in full the principal amount of the Credit then outstanding; and (c) with each such repayment payable on a Repayment Date.

Appears in 2 contracts

Samples: Master Guarantee Agreement, Master Guarantee Agreement

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Principal Repayments. In each Transaction, the Lender shall require that the Borrower shall repay all amounts disbursed under the Credit: related Approved Credit (a) in the number of successive semi-annual or quarterly installments indicated on in the relevant Ex-Im Bank Approval; Delegated Authority Notice, (b) in approximately equal amounts unless otherwise provided in the relevant Ex-Im Bank ApprovalDelegated Authority Notice, provided that provided, that, on the last Payment Date, the Lender shall require that the Borrower shall repay in full the principal amount of the Approved Credit then outstanding; , and (c) with each such repayment payable on a Repayment Date.

Appears in 1 contract

Samples: Master Guarantee Agreement

Principal Repayments. In each Transaction, the Lender shall require that the Borrower shall repay all amounts disbursed under the Credit: Credit (a) in the number of successive semi-annual installments indicated on the relevant rele vant Ex-Im Bank Approval; , (b) in approximately equal amounts unless otherwise provided in the relevant Ex-Im Bank Approval, provided that that, on the last Payment Date, the Lender shall require that the Borrower shall repay in full the principal amount of the Credit then outstanding; , and (c) with each such repayment payable on a Repayment Date.

Appears in 1 contract

Samples: Master Guarantee Agreement

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Principal Repayments. In each Transaction, the Lender shall require that the Borrower shall repay all amounts disbursed under the Credit: (a) in the number of successive semi-annual installments indicated on the relevant Ex-Im Bank Approval; (b) in approximately equal amounts unless otherwise provided in the relevant Ex-Im Bank Approval, provided that on the last Payment Date, the Lender shall require that the Borrower repay in full the principal amount of the Credit then outstanding; and (c) with each such repayment payable on a Repayment Date.and

Appears in 1 contract

Samples: Master Guarantee Agreement

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